Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Optimus Steel, a subsidiary of Mexico’s Aceros Turia, is proceeding with a new rebar line and coil handling facility in Rose City near its Beaumont, Texas headquarters. The plan was initially announced in November 2020.


The new facility received a $485,000 Texas Enterprise Fund (TEF) grant and will employ an additional 55 people initially with the possibility of expanding to 75 workers.


Orange County Texas, where the plant will be based, has approved a 490-acre reinvestment zone for the project. The land abatement package was initially expected by the end of Q1 2021 but was not finished until the end of Q2 2021. With land approval finalized, the company will move forward with other environmental applications with the aim to begin construction in H2 2021.


The Texas Transportation Commission recently approved $89mn in transit funding to include road construction, which consumes rebar. 

Optimus produces wire rods, coiled rebar, and billets. 

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